Conway, SC Rental Market
Conway is the county seat of Horry County and serves as an affordable inland alternative for workers in the Myrtle Beach metro. Coastal Carolina University in Conway generates student and faculty demand, while its lower cost base compared to Myrtle Beach attracts long-term residents seeking value within commuting distance of the Grand Strand.
Get a rent estimate for an address in ConwayAverage Rent in Conway, SC
$1,150
per month · 2026-06
Market Score
Key Facts — Conway, SC Rental Market
- Average rent in Conway, SC:$1,150/mo
- Median rent:$1,050/mo
- Rent range:$575 – $2,475/mo
- Most common rental (2 bedrooms):$1,025/mo
- Active listings:135
- Avg days to lease:38 days
- Year-over-year change:+3.5%
- Median home value:$205,000
- Est. gross annual yield:6.7%
- Data as of:2026-06
Rent by Bedroom in Conway, SC
Average monthly rent for each bedroom type based on current active listings in Conway.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $825/mo |
2 Bedrooms | $1,025/mo |
3 Bedrooms | $1,275/mo |
4 Bedrooms | $1,575/mo |
5 Bedrooms | $1,800/mo |
Conway Rental Market Statistics
Key indicators from the current Conway, SC rental market.
135
Available now in Conway
38
From list to lease
$0.83
Average across listings
1,380 sq ft
Typical rental size
$575 – $2,475
Min to max active listings
+3.5%
Avg rent vs. prior year
Investing in Conway, SC Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$205,000
Typical purchase price in Conway
Est. Gross Annual Yield
6.7%
Before expenses & vacancy
Avg Monthly Income
$1,150
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Conway for a full cash-flow breakdown including all costs.
Conway, SC Rental Market FAQ
Common questions about renting and investing in Conway, SC.
What is the average rent in Conway, SC?
The average rent in Conway, SC is $1,150 per month as of 2026 — significantly below neighboring Myrtle Beach. Two-bedroom units average $1,025/mo and three-bedroom homes average $1,275/mo, making Conway one of the most affordable markets in the coastal Carolinas.
How does Coastal Carolina University affect Conway's rental market?
Coastal Carolina University enrolls over 10,000 students and employs a large faculty and staff base, generating consistent off-campus rental demand. Student housing demand peaks each August and creates a reliable leasing season, particularly for 2- and 3-bedroom units near the campus corridor.
Is Conway, SC a good place to invest in rental property?
Conway offers a 6.7% estimated gross yield with lower acquisition costs than the Myrtle Beach shoreline. The CCU-anchored tenant base provides stability, and Conway's growth as a Myrtle Beach bedroom community supports steady long-term demand. Best suited for investors seeking value and cash flow over appreciation.
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